Key Features
* 3-Year Fixed Rate Mortgage – 4.99% fixed until 31 March 2007
5-Year Fixed Rate Mortgage – 4.99% fixed until 31 March 2009
* Revert to Society’s variable rate following fixed rate period, with 0.75% discount through Skipton’s concessionary Mortgage Discount Scheme (current pay rate of 4.99%) [see Editor’s Notes]
* Available up to 95% LTV with free MIG up to 90% LTV
* Free legal fees for remortgages (£250 cashback in Scotland) through Skipton Home Conveyancing Service
* Free accident, sickness and unemployment (ASU) cover for six months
* Flexible benefits – daily interest, overpayments and payment holidays
* £100 application fee – payable upfront
* £299 completion fee – can be added to the loan
* Early redemption fees:
- 3-Year Fix – 5% to 31 March 2005, 4% to 31 March 2006, 3% to 31 March 2007
- 5-Year Fix – 5% to 31 March 2005, 4% to 31 March 2006, 3% to 31 March 2009
* Up to 10% capital repayments allowed each year, without charge, within fixed rate period
* Interested customers should call 08457 171777 or visit their local branch for further information
Jennifer Holloway, head of media relations, commented, "As with any sale, there’s a limit to how long the offer on our 3-Year and 5-Year Fixed Rate mortgages can last, so borrowers should hurry along to their nearest branch, or give us a call, to take advantage of this deal."
